AB=CD pattern has been drawn which suggest that it should reach 200 mark by 2 Dec 2024.
On RSI there is no divergence therefore bull run will continue after small correction.
151.82 is previous all-time high, which is critical area.
Buy now and till price retraces, if retraces, till 139 is very good opportunity.
Stop Loss for SWING traders is 120. However, for day traders 134 S/L is suggested.
Buy LONG Trade Call values:-
Buy 1 (instant) : 144.34
Buy 2: 142.50
Buy 3: 139.50
TP1 : 180
TP2: 199
SL: 134
SL (SWING TRADERS) : 120
On RSI there is no divergence therefore bull run will continue after small correction.
151.82 is previous all-time high, which is critical area.
Buy now and till price retraces, if retraces, till 139 is very good opportunity.
Stop Loss for SWING traders is 120. However, for day traders 134 S/L is suggested.
Buy LONG Trade Call values:-
Buy 1 (instant) : 144.34
Buy 2: 142.50
Buy 3: 139.50
TP1 : 180
TP2: 199
SL: 134
SL (SWING TRADERS) : 120
Note
Now on closing of 10-Oct-2024 price is around 136.54 . As per Klinger Volume Oscillator it is not the time to Buy for Day traders. However, if one is looking forward to hold for longer run around 3 to 6 months then it is time to accumulate.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.